Question: USE This data Using the numbers from the two income statements, fill in the percentages calculated for the common - sized vertical analysis, then dicuss

USE This data Using the numbers from the two income statements, fill in the percentages calculated for the common-sized vertical analysis, then dicuss which company seems to have a better financial advantage or postion while referencing specifics in your calculations. Standard Income Statement Common-Sized Comparison by % Financial Statements in CAD Dollars Ben and Jerry Baskin Robbins Sales *100%100% Cost of Goods Sold 64%65% Gross Margin 36%35% Operating Expenses 28%26% Depreciation Expense 1%1% Operating Income 7%8% Interest Expense 3%2% Income before Income Tax 5%6% Income Tax Expense 2%3% Net Income(Loss)3%4% Answer this Use the space provided to comment on your ratio results from each section, discussing which company is likely to be a better choice based on the results of your calculations. This final conclusion should be based upon ALL of your work to this point, including your vertical analysis. Analysis of Profitability Ratios Analysis of Liquidity Ratios Analysis of Solvency and Market Value Ratios Final Conclusions and Recommendations

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